Oakcreek Golf & Turf LP

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Oakcreek Golf & Turf LP - overview

Established

1969

Location

Calgary, AB, Canada

Primary Industry

Logistics & Distribution

About

Oakcreek Golf & Turf LP is a Canadian company specializing in commercial turf care equipment and golf irrigation systems, serving golf courses and landscaping clients across Western Canada. Founded in 1969, Oakcreek Golf & Turf LP is headquartered in Calgary, Canada. The company provides a range of turf care solutions and has maintained operations without notable pivots or changes in strategy. The firm has completed a single deal, with the most recent investment round occurring on April 1, 2013, when Banyan Capital Partners acquired the company.


Oakcreek Golf & Turf specializes in providing a comprehensive range of commercial turf care equipment, golf irrigation systems, and golf cars, catering primarily to golf courses, municipal parks, independent landscapers, and private clients. Their core product offerings encompass high-performance reel and rotary mowers, turf cultivation equipment, aerators, spreaders, top dressers, and utility vehicles. In addition, they supply golf irrigation solutions that include controllers, sprinklers, fountains, and fittings, ensuring effective water management for various landscaping needs. Their inventory of golf cars features diverse models intended for beverage service, multi-passenger transport, and utility use, serving both fleet demands and individual customer needs.


The company operates across Western Canada, including Alberta, British Columbia, Saskatchewan, Yukon, and the Northwest Territories, and has established a significant client base of over 1,000 golf courses and municipalities, demonstrating a strong presence in this specialized market. Oakcreek Golf & Turf generates revenue primarily through direct sales of its extensive product range, including commercial turf care equipment, golf irrigation systems, and golf cars. Transactions typically occur in a B2B framework, where clients such as golf courses and municipalities purchase equipment and services directly from the company. The company engages in structured pricing plans for its offerings, including individual sales of high-value equipment as well as potential service contracts for ongoing maintenance and support.


Their flagship products, including Toro Commercial Turf Care Equipment and Yamaha Golf Cars, are key contributors to their revenue stream, as these high-demand items are essential for clients seeking reliable and efficient solutions for turf management and transportation. The presence of parts and service support further enhances customer loyalty, with clients returning for maintenance needs, thus creating a reliable revenue foundation. Looking ahead, Oakcreek Golf & Turf aims to expand its product offerings with the development of new turf care technologies and irrigation systems, targeting a launch in the next 12 months. The company plans to enter additional markets outside of Western Canada, including Ontario and Quebec, by 2015.


The acquisition by Banyan Capital Partners in April 2013 is expected to support these initiatives, providing the necessary capital to innovate and enhance market presence.


Current Investors

Banyan Capital Partners

Primary Industry

Logistics & Distribution

Sub Industries

Logistics & Distribution

Website

http://oakcreekgolf.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Oakcreek Golf & Turf LP - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedL.L. Johnson Distributing Company, Inc-
Add-onCompletedMidwest Turf & Irrigation-
Add-onCompletedSimpson Norton Corporation-
BuyoutCompletedOakcreek Golf & Turf LP-

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